🌟🌟🌟🌟✨ zazarb's Quick-Loans & Escrow 🌟🌟🌟🌟✨

[UserU]

i prefer my newest segwit address(faster and cheaper transaction), but if you can't wait, you can send to the old one.

If the fee difference is substantial, I can hold off until Monday, no worries.

[1713946716]

1713946716

[1713946716]

1713946716

[1713946716]

1713946716

[UserU]

Hey @zazarb, 0.006617 BTC ($318) sent following CoinGecko's rates.

https://www.blockchain.com/btc/tx/7045dcc667c36f8ace24fd9d68250489c8a08fb0b7428fa757899ec60c987e25

[zazarb]

no, I offer loans of any size that make economic sense.
Counting 110% tou nust include transaction fee and interest.
Also keep in mind that some fee will be reduced when btc will come back to you.

Alright, I just want to make sure.

So here's my application. Before I proceed, what's your 30 days interest rate?

Loan Amount: $250 USDT, exact amount (ERC20 from Binance)
Reason for Taking out a Loan: Deposit promo bonus (not gambling, worry not)
Amount to be repaid: Same amount in USDT + the fees and interest to agree upon in BTC
Repayment Date: 30 days (or once the bonus unlocks)
Type of Collateral: Bitcoin
USDT Address: 0x6Fde0DfEad5a8017Bc44b1011Ea0E41eFeCd672E
BTC Address (return after loan): bc1qes3ljjkm57cveqja6u20hah6txcwfmhhteulk9

7% per month

Alright, let's deal. I'll have to wait for 24 hours because sending the BTC over because there's a cooldown each time I change the withdraw address.

$275 (110%) + $17.5 (7% interest) = $292.5 (will update the rate using Coingecko's once withdraw is unlocked) to be sent as collateral to 1PKduV6MpDn2S25X4Mrej1TXDaxCX4k777

address for collateral 3EzR7Qx1FH93XUiHPSvyuuPFXjbpimhqSm
in this case loan amount is with withdraw fee , so from $265 120%=$318 or what is equal 0.0065BTC
Also keep in mind that this amount of btc (minus transaction fee) you will receive back regardless of what rate will be at that time.

In the event that the value of the collateral falls below 110% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral

Hey @zazarb, 0.006617 BTC ($318) sent following CoinGecko's rates.

https://www.blockchain.com/btc/tx/7045dcc667c36f8ace24fd9d68250489c8a08fb0b7428fa757899ec60c987e25

Confirmed as received.
Amount of usdt has been sent via txid 0xffdef6b21c2af8f7b09b9819b74386cef110ab6d3ea49d8f2f30936b1422c094
Address for repay will provide later.

[UserU]

Alright. Will inform you once my repayment is ready

[UserU]

Hey @zazarb, there seems to be some issue locking in the promo for the USDT and I've contacted the Support team, but seems like they're busy and I'm still awaiting their reply.

Just informing you this in advance because I have no problems with returning the USDT, just that this issue seems to happen to quite a number of users.

Hopefully the promo is locked based on the deposit date, and not when the issue is resolved.

[UserU]

@zazarb, it looks like there was some mix up on Celsius Network's end and most of us looking to take advantage of the promo were not aware of the vague terms.

During the time I sent my BTC to you, it affected the minimum required to deposit and despite you transferring USDT 250, the threshold was still below the minimum.

Just got the email reply clarifying things and looks like I'd have to borrow an additional USDT 117 (sans collateral) if you're fine with it.



As my BTC holdings are in Celsius, I rather not risk forfeiting the promo and would only be able to transfer once the remaining funds get locked for 30 days and the bonus gets released.

Therefore I regret to inform that the return date would have to be reset to 30 days from which the funds are locked.

However I assure you that I have the means of returning the collateral and I have no intention to scam you in any way, due to my reputation. Rest assured once I get my bonus, the USDT 367 would be returned.

I really appreciate if we could come to an understanding on this matter. If need be, you can leave a neutral feedback on my profile first.

[zazarb]

@zazarb, it looks like there was some mix up on Celsius Network's end and most of us looking to take advantage of the promo were not aware of the vague terms.

During the time I sent my BTC to you, it affected the minimum required to deposit and despite you transferring USDT 250, the threshold was still below the minimum.

Just got the email reply clarifying things and looks like I'd have to borrow an additional USDT 117 (sans collateral) if you're fine with it.



As my BTC holdings are in Celsius, I rather not risk forfeiting the promo and would only be able to transfer once the remaining funds get locked for 30 days and the bonus gets released.

Therefore I regret to inform that the return date would have to be reset to 30 days from which the funds are locked.

However I assure you that I have the means of returning the collateral and I have no intention to scam you in any way, due to my reputation. Rest assured once I get my bonus, the USDT 367 would be returned.

I really appreciate if we could come to an understanding on this matter. If need be, you can leave a neutral feedback on my profile first.

if you want additional 117 usdt keep in mind that it to me cost additional withdraw fee 22usdt(cheapest 15usdt available after 3 day) and interest is also charged on the additional loan and for additional time . Also what additional collateral you offered?

[UserU]

if you want additional 117 usdt keep in mind that it to me cost additional withdraw fee 22usdt(cheapest 15usdt available after 3 day) and interest is also charged on the additional loan and for additional time . Also what additional collateral you offered?

Noted, I can go for the $15 withdrawal fee.

I wish I could offer more BTC, but they are parked in Celsius, which I have my USDT in as well. If I were to provide the additional collateral by withdrawing from that platform, that would void my promotional bonus (which is the sole reason of the loan as specified earlier).

If an exception could made, I would greatly appreciate it. Not that I don't want to provide, it's just that I can't due to the restrictions/ limitations imposed by Celsius.

[zazarb]

if you want additional 117 usdt keep in mind that it to me cost additional withdraw fee 22usdt(cheapest 15usdt available after 3 day) and interest is also charged on the additional loan and for additional time . Also what additional collateral you offered?

Noted, I can go for the $15 withdrawal fee.

I wish I could offer more BTC, but they are parked in Celsius, which I have my USDT in as well. If I were to provide the additional collateral by withdrawing from that platform, that would void my promotional bonus (which is the sole reason of the loan as specified earlier).

If an exception could made, I would greatly appreciate it. Not that I don't want to provide, it's just that I can't due to the restrictions/ limitations imposed by Celsius.

I understand you , but without colaterar I can’t lend more, sorry.

[UserU]

I understand you , but without colaterar I can’t lend more, sorry.

Alright.

We'll proceed with the terms as originally agreed upon.

[zazarb]

I understand you , but without colaterar I can’t lend more, sorry.

Alright.

If the loan is extended, how are the rates calculated? Just finding out.

250usdt +3.5%(half month) 370+7%
So interest 8.75+43.4=$52 +$30 withdraw fee
(for which I do not count interest, although in reality I also lose time for a month)

[UserU]

Okay, thanks. The collateral will be returned without any loan extension.

[UserU]

zazarb, I'll be returning the funds early. Let me know once you're ready to receive (and provide the return address)

[zazarb]

zazarb, I'll be returning the funds early. Let me know once you're ready to receive (and provide the return address)

trough wich network you will return usdt?

[UserU]

zazarb, I'll be returning the funds early. Let me know once you're ready to receive (and provide the return address)

trough wich network you will return usdt?

ERC 20 unfortunately. The custodial wallet has no other option.

[zazarb]

zazarb, I'll be returning the funds early. Let me know once you're ready to receive (and provide the return address)

trough wich network you will return usdt?

ERC 20 unfortunately. The custodial wallet has no other option.

Address for return usdt
0xb6e49994bf042a729bb655195463cbef799090b1

[UserU]

Address for return usdt
0xb6e49994bf042a729bb655195463cbef799090b1

Okay. Will inform you once I've sent the funds by the end of this week.

[UserU]

@zazarb due to the dynamic fluctuation of the USDT fees from the wallet I'm sending from; i.e. not locked, you might receive slightly more or less from the transaction.

I'll confirm the amount once I get the exact figure from the transaction history.

UPDATE: Returned USDT 250.578296
TX ID:  https://etherscan.io/tx/0x3bf24276dde494d594cf6e207ff5f080d647b7031cb6513befc63728f6da595f


BTC return address: 38ZRBV4KZb4iNm4CQPsWRRvSk2ZYVZCfBQ

[zazarb]

@zazarb due to the dynamic fluctuation of the USDT fees from the wallet I'm sending from; i.e. not locked, you might receive slightly more or less from the transaction.

I'll confirm the amount once I get the exact figure from the transaction history.

UPDATE: Returned USDT 250.578296
TX ID:  https://etherscan.io/tx/0x3bf24276dde494d594cf6e207ff5f080d647b7031cb6513befc63728f6da595f


BTC return address: 38ZRBV4KZb4iNm4CQPsWRRvSk2ZYVZCfBQ

I confirm that received 250.52 usdt
And where the rest?
withdraw fee 15 usdt and interest  17.5 usdt

[UserU]

I confirm that received 250.52 usdt
And where the rest?
withdraw fee 15 usdt and interest  17.5 usdt

Ah, I assumed they would be deducted from my Bitcoin collateral.

Can you take the interest and fee from my BTC instead? It'd be hefty to withdraw USDT again due to the fees.

Hope you're fine with that.